Titan Capital and iDEX sign MoU to boost investment in iDEX

7 months ago


NEW DELHI: Titan Capital, an early-stage venture capital firms, has signed a Memorandum of Understanding (MoU) with Innovations for Defence Excellence (iDEX), the flagship initiative of the Ministry of Defence aimed at fostering innovation in defence and aerospace.

This joint commitment aims to accelerate investment in India’s strategic and deep-tech sectors, particularly in startups developing cutting-edge solutions for national security.


Titan Capital has backed over 250 startups across India and the U.S., with a strong focus on founders building disruptive technologies from the ground up. Known for being the earliest backers of companies like Ola, Urban Company, and Mamaearth, Titan is now extending its commitment to sectors critical to national interest, including defence, aerospace, and dual-use technologies. It aims to support the next generation of defence-tech entrepreneurs at the seed and pre-seed stages, helping them navigate product development, go-to-market, and long-term scale.
Through this MoU, Titan Capital aims to actively support startups in the iDEX ecosystem by providing early capital, operational mentorship, and access to commercial and dual-use market pathways.

Kunal Bahl, Co-Founder, Titan Capital, said in a statement, “India’s defence innovation ecosystem is at an inflection point. At Titan Capital, we believe that visionary startups solving hard technology problems for national defence need both patient capital and strategic guidance. Our partnership with iDEX is designed to back these founders at the very beginning of their journeys and help turn their ideas into scalable impact,”


A spokesperson from iDEX-DIO said in a statement, “This partnership signals our resolve to fast-track defence innovation by empowering promising startups with early support.”

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